opportunity overview
Beacons

Head of Product

Company

Beacons is a link-in-bio website builder for creators. The company’s mobile website builder offers extensive customization options and supports multi-SKU creators through donations, e-commerce, affiliate marketing, and more. Founded in 2019, Beacons is used by hundreds of thousands of creators on TikTok, Instagram, Twitter, and other social platforms.

Opportunity

The Market — content creators are the businesses of the future, and Beacons is building the software tools to help them succeed

The Mission — we live in a time where, more than ever, an individual can work at the intersection of what they’re good at and what they’re passionate about. Content creators are at the forefront of this paradigm shift, and Beacons is helping push this frontier

The Strategy — to succeed in their mission to help content creators, Beacons needs to build an all-in-one solution to help one-person businesses with all aspects of their business. To do this, they will leverage both AI and a shared data layer

The Team — Beacons is the best team to build this because they have both the expertise from talking to so many creators and the technical product + data background

The Growth — Beacons get 98% of their accounts for free from their Link in Bio product/wedge

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Executive Team

Neal Jean

Neal Jean

Co-founder, Chief Executive Officer
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David Zeng

David Zeng

Co-founder, Chief Technology Officer
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Jesse Zhang

Jesse Zhang

Co-founder, Chief Product Officer
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Greg Luppescu

Greg Luppescu

Co-founder, Chief Engineering Officer
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Neal Jean

Neal Jean

Co-founder, Chief Executive Officer
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David Zeng

David Zeng

Co-founder, Chief Technology Officer
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Jesse Zhang

Jesse Zhang

Co-founder, Chief Product Officer
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Greg Luppescu

Greg Luppescu

Co-founder, Chief Engineering Officer
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Neal Jean

Neal Jean

Co-founder, Chief Executive Officer
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David Zeng

David Zeng

Co-founder, Chief Technology Officer
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Jesse Zhang

Jesse Zhang

Co-founder, Chief Product Officer
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Greg Luppescu

Greg Luppescu

Co-founder, Chief Engineering Officer
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Capitalization
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Market
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Growth
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Capitalization

In May of 2022, Beacons raised a $34M Series A at a $123M valuation. Investors include Andreessen Horowitz, Li Jin’s Atelier Ventures, The Chainsmokers’ Mantis Fund, Night Ventures, & Crush Music. They have 22 months of runway & do not currently have plans for fundraising but are starting to think 2nd half of 2024

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Market

There are 200M content creators world-wide. Beacons offers the first all-in-one platform that captures all aspects of a content creator’s business.

Beacons has a suite of products that each have a unique ICP:

  • Link in bio - up & coming content creators on Instagram & Tiktok
  • Email marketing - professional content creators (musicians, actors, business, food, health, wellness, career, finance, etc.) building an email list and sending newsletters
  • Store - a subset of email marketing content creators who also create digital products (guides, templates, courses, coaching, e-books, etc.)
  • Media kit - content creators who manage brand deals, primarily in the health, fitness, wellness, beauty, fashion, gaming verticals - Manager - for agents or agencies who manage content creators


Competitors:
Stan, Linktree, Gumroad, ConvertKit, Snipfeed, Komi, Hoobe, Mailchimp, Pillar, CreatorIQ

Differentiators:

  • All-in-one platform
  • Fast product building & shipping as a result of having a strong product & data team
  • Shared data/intelligence layer for all our product offering
  • Ease of use
  • Link in bio customization and functionality, most of which are offered for free (counterpositioning several of our competitors)
  • Large user base of 3.6 million
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Growth

Beacons is a freemium product. They sell subscriptions to premium versions of their products. They are currently at $1.7M ARR with a goal of getting to $5M ARR by summer 2024. August 2023 was their fastest revenue growth in 13 months.

NRR & ARR are their North Stars for metrics.

There are 3.6M Beacons creator accounts 50k of which re “Big” or “Active” creators. “Big” is defined by creators who have significant followings on social media & “Active” is defined by having consistent traffic to their Link in bio page.

Flagship creators include wongfu, the Chainsmokers, Chipmunks of TikTok, Elena Shinohara, & Scholarshipguru.

Link in bio is the the main revenue driver & has PMF. The rest of the products are a combo of post-PMF & pre-PMF:

  • Link in bio - 9/10 PMF; the product grows itself every single day and has helped Beacons establish their brand
  • Email marketing - 7/10; the product is competitive especially with it’s pricing
  • Store - 5.5/10; the product is good enough for most users but lacks some core features
  • Media kit - 8/10; the product is good, but the market isn’t big


Product Roadmap

  • Getting to feature parity with their store product: courses, memberships.
  • Deeper integrations between their different products. Primarily store and email and Link in bio.
  • A stronger data layer in the form of a CDP
  • AI to help the user reach value faster and realize new value (e.g. content generation, automatically setting up their Link in bio, email, and products) - an AI assistant ultimately for creators

Responsibilities

The Head of Product will lead the strategic direction of the Product & Design org:

  • Ownership of the product roadmap with goal of building a multi-product platform with PMF
  • Effectively manage the team of 4 PMs, the Head of Design & 2nd line leader to his 2 direct reports 
  • Work effectively with the rest of the executive team to advocate & align on the best vision for Beacon’s products
  • Become a subject matter expert in the creator space through research & consistent conversations with existing customers
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Culture

“We are motivated and scrappy.

We are smart, ambitious, and, most importantly, kind. Also funny at times.

We stay close to the user and we’re shipping things on multiple fronts every single day. We constantly push each other to grow as teammates and as individuals. We are always discovering new, better ways to do things.

We are friends at work.

We have the most innovative and diverse users in the world — famous musicians to TikTok stars to actors to ex-Bachelor contestants.

We have users who build content and products that lift communities of hundreds of thousands if not millions of people.

We have an office in SF with no in-office policy, but everyone comes in several times a week.

We have a lot of fun.”

Core Values
  • Play as a team
  • Shoot your shot
  • Always peaking
Sacred Cows
  • Beacons is a product-led company
  • The team abides by YC and Paul Graham’s philosophies for building companies, primarily moving fast and staying close to users
Team to manage

Team to manage

Lancy Zhang

Lancy Zhang

Product
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Jacob Choi

Jacob Choi

Product
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Lindsay Lauder

Lindsay Lauder

Product
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A.J. Magnuson

A.J. Magnuson

Product
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Dean Pham

Dean Pham

Founding Designer
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Lancy Zhang

Lancy Zhang

Product
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Jacob Choi

Jacob Choi

Product
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Lindsay Lauder

Lindsay Lauder

Product
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A.J. Magnuson

A.J. Magnuson

Product
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Dean Pham

Dean Pham

Founding Designer
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Lancy Zhang

Lancy Zhang

Product
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Jacob Choi

Jacob Choi

Product
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Lindsay Lauder

Lindsay Lauder

Product
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A.J. Magnuson

A.J. Magnuson

Product
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Dean Pham

Dean Pham

Founding Designer
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